Swap

An Exchange of streams of payments over time according to specified Term. The most common Type is an Interest rate swap, in which one Party agrees to pay a fixed Interest rate in Return for receiving a Adjustable rate from another party.

Related Terms: 12 Adjustable rate, Exchange, ECI, Interest rate swap, Interest, Interest rate, Party, Return, Swap, Term, Terms, Type

Other Related Pages: Category: Lending_and_Credit Starting With: S

Additional Related Terms: 1035 exchange, Allowance for depreciation, Average accounting return, Adjustable rate, Above par, Accrual of discount, Accrued interest, American Stock Exchange, Amortization of premium, Asset swap